Three ways for businesses to save money through technology
Want to improve efficiencies and reduce costs? Check out these three ways technology could help your business save money
“Take care of the pennies and the pounds will take care of themselves,” so goes the old saying. It may be a bit of a cliché, but it’s true that seemingly small savings can add up to a significant amount.
For businesses, savings can make a big difference in the long term. But you need to look at the big picture; in some cases, it may be necessary to spend a bit more now in order to reap the benefit of savings later. One of the key money-saving tips for small businesses, therefore, is to look at what you are currently spending on running your operations and decide if you are getting the best value for that spend. Below we will discuss three ways for businesses to save money through the use of technology.
Improving efficiencies through Ethernet
One of the key items of expenditure for modern business is technology. We are all heavily reliant on the internet and on mobile phones and these services can be expensive. When reviewing your outgoings, this is one of the first areas you should consider.
For smaller businesses, the internet means broadband, but as your operation grows this can become restrictive. Although switching to an Ethernet connection will cost more in the short term, it can bring savings in several ways. Find out more about leased line costs.
Ethernet leased lines offer equal speeds for uploads and downloads, so they help eliminate bottlenecks in processing data to and from the cloud. Greater reliability also means less downtime and therefore fewer working hours lost to unreliable connections. Read more about the benefits of an Ethernet connection.
The power of the cloud
The cloud has brought about some big changes to the way we work and offers some benefits which could help your business save money. Switching to cloud storage, for example, can save on the cost of running and maintaining in-house servers and storage. Plus you have the added benefit of safe, secure off-site storage should anything go wrong.
Similarly, cloud applications can lead to savings too. You don’t run the risk of having unused software licences as you simply pay according to what you use. It’s also easier when you need to expand as you don’t have to wait for new hardware and software to be installed; you can scale up the system simply. Here again, a reliable internet connection is key to being able to use the cloud effectively, so Ethernet is something to consider. Learn more about how could benefit your business.
Cutting call costs through VoIP
For any modern business, a telephone is an important tool and increasingly that means mobile as well as landlines. But call costs can add up to a significant amount, so money saving tips for small businesses should always include a look at cutting call costs.
For many businesses, the solution here is a voice over IP (VoIP) system. These can significantly cut your call costs, especially if you do business overseas but there are other benefits too. You can easily divert calls to other locations or mobiles so staff can stay in touch via their work number from anywhere. Provided that you have a good internet connection, the call quality and reliability are just as good as conventional telephone technology.
We all rely on technology to communicate. By ensuring that you have a fast, reliable internet connection you can help your company to run smoothly and reap the long-term savings that come with that.
Once you’ve seen how much money a leased line connection can save your business, contact leasedline.co.uk on 0808 115 4281 or get in touch online today so our team can help find the best solution for you and your business.Call Us On 0808 115 4281